Lynnette R. Heath - 09 Feb 2024 Form 4 Insider Report for nVent Electric plc (NVT)

Role: EVP & Chief HR Officer
Signature: /s/ John K. Wilson, Attorney-in-Fact for Lynnette R. Heath
Issuer symbol: NVT
Transactions as of: 09 Feb 2024
Net transactions value: +$7.37
Form type: 4
Filing time: 12 Feb 2024, 17:30:26 UTC
Previous filing: 05 Jun 2023
Next filing: 20 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NVT	Ordinary Shares	Options Exercise	$99,989	+4,442	+15%	$22.51	33,149	09 Feb 2024	Direct	F1
transaction	NVT	Ordinary Shares	Tax liability	$99,982	-1,561	-4.7%	$64.05	31,588	09 Feb 2024	Direct	F2
holding	NVT	Ordinary Shares - Deferral Plan						17,435	09 Feb 2024	Plan Agent	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NVT	Employee Stock Option (right to buy)	Options Exercise	$0	-4,442	-17%	$0.000000	22,476	09 Feb 2024	Ordinary Shares	4,442	$22.51	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	End-of-period holdings include monthly purchases under the nVent Electric plc Employee Stock Purchase Plan (ESPP) in exempt transactions pursuant to Rule 16b-3(c).
F2	Shares swapped to cover the stock option exercise price resulting from the stock option exercise.
F3	End-of-period holdings include shares acquired under a dividend reinvestment plan in exempt transactions not required to be reported pursuant to Section 16(a).
F4	Shares of nVent Electric plc will be delivered to the reporting person in accordance with their irrevocable deferral election.
F5	This option is presently exercisable in full.